- 3d ago
Lagarde says France must solve its debt problem at home as 10-year rate nears 5%
Speaking in Bangkok on Wednesday, 14 October, Christine Lagarde said France must first address its bond market pressure through its budget, cooling talk of an ECB rescue while the 2027 budget faces an uncertain adoption.
- 4d ago
France's 2027 budget faces a majority gap as the central bank governor urges action
The National Assembly began examining the 2027 finance bill on Tuesday, 13 October, as the government, the Banque de France and the IMF all pressed for a swift budget with the deficit kept at 5% of GDP.
- Oct 7
France's debt worries spread to bond markets as Krugman and Allianz warn of contagion
Investors are demanding more to hold French bonds, with the 10-year yield approaching 5% and foreign banks and investors holding about 36% of the debt. Allianz Research says the market's capacity to absorb large French bond trades has fallen more than 50%.
- Oct 7
Banque de France Governor Emmanuel Moulin Rebuffs Treason Accusations and Legal Threats by Jean-Luc Mélenchon
Banque de France Governor Emmanuel Moulin declared he will not be intimidated after left-wing leader Jean-Luc Mélenchon threatened him with prosecution for treason over remarks on France's public debt.
- Oct 6
French government launches fact-checking tool on X to defend 2027 budget against business lobby
The French government activated an official account on X on 5 October 2026 to contest corporate tax estimates by business federation Medef as debates over the 2027 budget intensify.
